Electric Vehicle (EV) Cost of Ownership  
 

The future of transportation has gotten better! EVs are the way to go if you care about our planet and want cleaner air for your family. Not only do these eco-friendly cars cost less than traditional vehicles; but they also don't rely on oil which means no more expensive gas bills every month. Thanks to EV technology, we're finally able to have peace of mind. The technology lets us know when something goes wrong while driving around town. Repairs can be made without worrying about if it will happen again anytime soon.

Fuel Savings

Investing in an electric vehicle is more than being good for the environment. Electric cars are also cheaper and easier on your wallet. It means this investment will be worth it long term!

How much cheaper? The average fuel cost savings is $1,000. That's right; you could save enough money on gas every month to cover a car payment - or even two!

Maintenance and Repair

The environmental benefits of electric vehicles make them a smarter choice. Not only do repairs cost less, but you'll save on your monthly expenses as well.

Electric vehicles have far fewer moving parts than gas-powered cars. It means there are fewer things that can break down or need repairs. In fact, the average cost of repairs for an electric car is about 60% less than the cost of repairs for a gas-powered car.

Depreciation

The batteries range from 100 to 200 miles, making Electric vehicles ideal for long commutes! There's also variety within this type. Some Class D models offer lower rates. A & B classes have hybrid options, so you can find what works best for you.

All electric vehicles have a much lower rate of depreciation than gas-powered cars. In fact, the average EV depreciates at a rate of about half that of a gas-powered car.

If you want to learn more about whether an EV may be right for you, feel free to contact our dealership here in Springfield. If you discover you'd like to stick with a gasoline-powered vehicle, we carry a great new and used selection to accommodate your needs.

* Information source is from consumerreports.org and is for general informational purposes only. All information is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information. Under no circumstance shall we have any liability to you for any loss or damage of any kind incurred as a result from use of the posted information on this page. Your use and reliance of the posted information on this page is solely at your own risk.